Property Management Blog

Blog Post Why are the windows open?
By Cruise Property Management - Wednesday, October 21, 2020

Why are the windows open?

One of the most important functions of a property management company is to provide safe properties. While there’s no way to guarantee safety, there are many things property management companies can do to make properties safer.One of the things we do during the move-in inspe...
Read More
Blog Post 3 Ways to Manage Your Rental Properties
By Cruise Property Management - Sunday, October 11, 2020

3 Ways to Manage Your Rental Properties

In the past, I wrote about who should self-manage and who should hire a property manager. You can read it here.  Many people only think about these 2 options when it comes to managing properties.However, what a lot of people don’t know is that there is a 3rd way to man...
Read More
Blog Post
By Cruise Property Management - Monday, September 14, 2020

Competitive advantage

One of the hardest things for us to do is to really understand what the other side is going through. The property management business is no exception, and I constantly try to understand the perspective of the owners and the residents. Regarding the perspective of the owners,...
Read More
Blog Post
By Cruise Property Management - Sunday, August 30, 2020

What is lazy money?

What is lazy money?When we buy a property, one of the things many of us do is to look at the return on our investment.  Let's say you buy a $100k rental property with $20k down with $80k mortgage and make $200 monthly cashflow. In this case, you are getting a 12% return ...
Read More
Blog Post
By Cruise Property Management - Monday, August 3, 2020

Owners Initial Cost

If the rent is $1,000, and the property management fee is $x, owners should not expect to receive $1,000 - $x, at least not the first month.Getting a property ready costs money, even if it's in decent shape. Below are the examples of the initial costs.- Maintenance reserve - ...
Read More
Blog Post
By Cruise Property Management - Tuesday, July 14, 2020

What we value about vendors

When it comes to choosing the right vendors, we believe getting 5 bids for every job and picking the cheapest one is NOT the way to go. Initially we may have to get some bids, but once we find good vendors, we shift our focus to creating good relationship with them. Think about...
Read More
Blog Post
By Cruise Property Management - Friday, July 10, 2020

4 Standards We Follow To Make Rentals Ready

Every property is different, but we use our own 4 standards to provide the same experience consistently to the residents.1. Safety -We provide safe properties. Everything from windows to alarms to light bulbs is checked.2. Cleanliness - We provide clean properties. That is why we...
Read More
Blog Post
By Cruise Property Management - Wednesday, July 1, 2020

Picking the right property management company

Picking the best property company doesn't start by, well, picking the best property management company. It starts by understanding that there is no perfect way to pick the best property management company for you. Even if you find one, it still doesn't end there, because ...
Read More
Blog Post MRP
By Cruise Property Management - Thursday, June 18, 2020

MRP

We now have a property manager with Military Relocation Professional or MRP. We are proud to be able to play a small part in helping those who risk their lives to defend this country. Many of our clients are in the military, and we are looking forward to adding more values by tak...
Read More
Blog Post
By Cruise Property Management - Wednesday, June 17, 2020

We can't take all owners

One of the main benefits of hiring a property manager is you'll save time (if you how the right one.) If you feel like you constantly need to get involved with everything your property manager does, then you are probably not the right fit for us. We serve those owners wh...
Read More

Showing 21- 30 of 71